Asia-Pacific Advanced Driver Assistance System (China, Japan, India and South Korea) Market 2014-2020 Published Date: 22-Jun-2015 No. Pages : 125
Report Description Advanced driver assistance systems (ADAS) facilitate in providing the driver an intelligent driving experience and enhanced safety. The application of ADAS systems can significantly reduce the number of road accidents and severity of injuries. Different sensors such as ultrasonic, image, RADAR, LiDAR, infrared and LASER provide dynamic features including adaptive cruise control, parking assistance, blind spot detection, lane departure warning, drowsiness monitoring, tire pressure monitoring and night vision. In the early stage of adoption, these systems were limited to the luxury segment of vehicles. However, with technological advancements and rising awareness among customers, some of these systems are now being integrated into the mid-range and economy class vehicles as well. Stringent government regulations in Asia-Pacific countries are leading to higher adoption of ADAS systems. Complexity in testing systems and huge cost incurred for the installation of ADAS systems are restraining the market growth.
Report Description The Asia-Pacific advanced driver assistance systems market is segmented into component and country. The component segment is further bifurcated into type of system and type of sensor. The system type includes adaptive cruise control, lane departure warning system, park assist, blind spot detection system, adaptive front lighting system, tire pressure monitoring system, drowsiness monitor system and night vision systems. The maximum growth is exhibited by tire pressure monitoring system. This segment is expected to grow at a CAGR of 38.84% during the forecast period (2015-2020). Key players in APAC advanced driving assistance system market are Valeo, Hitachi Ltd., Robert Bosch GmbH, Continental AG, Toyota Motor Corporation, Denso Corporation, Audi AG, BMW AG, Ford Motors and General Motors (GM).
Potential Benefits • The report provides an in-depth analysis of the Asia-Pacific ADAS market with current and future trends in order to gain stronger foothold in the market • Porter’s five forces analysis highlights the potency of suppliers and buyers, and describes the competitive scenario of the market, which would facilitate efficient business planning • The report provides detailed analysis of Asia-Pacific ADAS market with respect to system type, sensor type and country to enable stakeholders take precise investment decisions • The report identifies the key drivers, opportunities and restraints that shape the market and provides an impact analysis for the forecast period
Key Market Segments MARKET BY COMPONENT
Key Players • Valeo • Robert Bosch GmbH • Continental AG • Denso Corporation • Audi AG • BMW AG • Toyota Motor Corporation • Ford Motors • General Motors (GM)
Market by Country China Australia India Japan Other
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